AAR to Announce Second Quarter 2001 Results on December 20

WOOD DALE, Ill., /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its second quarter of Fiscal 2001 ended November 30, 2000, before the market opens on Wednesday, December 20.

At 10 a.m. CST, AAR will hold a conference call to discuss the results. The conference call can be accessed via dial-in (1-719-457-2621; conference code 530407). A replay of the call will be available (1-719-457-0820; conference code 530407) from approximately 12 p.m. on December 20 until 12 a.m. on Wednesday, December 27, 2000.

AAR Corp. (NYSE: AIR) is the preeminent provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world. Further information can be found at www.aarcorp.com.

SOURCE AAR Corp.

CONTACT: Dawn Kaiser, Director, Finance and Investor Relations for AAR Corp., 630-227-2098, email dkaiser@aarcorp.com